XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Jul. 31, 2020
Jul. 31, 2019
Net revenues:        
Agribusiness $ 52,387 $ 49,631 $ 131,309 $ 131,254
Other operations 1,172 1,238 3,477 3,668
Total net revenues 53,559 50,869 134,786 134,922
Costs and expenses:        
Agribusiness 46,826 42,747 125,318 118,741
Other operations 1,010 1,043 3,396 3,269
Selling, general and administrative 3,909 4,961 15,557 14,819
Total costs and expenses 51,745 48,751 144,271 136,829
Operating income (loss) 1,814 2,118 (9,485) (1,907)
Other income (expense):        
Interest expense, net (92) (774) (1,089) (1,313)
Equity in earnings of investments, net 832 480 341 2,449
Loss on stock in Calavo Growers, Inc. 0 (1,775) (6,299) (2,073)
Other income, net 11 15 246 375
Total other income (expense) 751 (2,054) (6,801) (562)
Income (loss) before income tax (provision) benefit 2,565 64 (16,286) (2,469)
Income tax (provision) benefit (765) (461) 5,876 216
Net income (loss) 1,800 (397) (10,410) (2,253)
Net loss (income) attributable to noncontrolling interest 509 (593) 1,409 (615)
Net income (loss) attributable to Limoneira Company 2,309 (990) (9,001) (2,868)
Preferred dividends (125) (125) (376) (376)
Net income (loss) attributable to common stock $ 2,184 $ (1,115) $ (9,377) $ (3,244)
Basic net (loss) income per common share (in dollars per share) $ 0.12 $ (0.06) $ (0.54) $ (0.19)
Diluted net (loss) income per common share (in dollars per share) $ 0.12 $ (0.06) $ (0.54) $ (0.19)
Weighted-average common shares outstanding-basic (in shares) 17,623,000 17,554,000 17,607,000 17,527,000
Weighted-average common shares outstanding-diluted (in shares) 18,497,000 17,554,000 17,607,000 17,527,000
Revenue, Product and Service [Extensible List] lmnr:AgribusinessMember lmnr:AgribusinessMember lmnr:AgribusinessMember lmnr:AgribusinessMember
Cost, Product and Service [Extensible List] lmnr:AgribusinessMember lmnr:AgribusinessMember lmnr:AgribusinessMember lmnr:AgribusinessMember